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Tesco – all eyes on Welwyn Garden City in June!

By Chris Bailey | Wednesday 10 April 2019


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


When I last wrote up a set of numbers from Tesco (TSCO), I concluded that '240/250p is a fairer price for Tesco today and I have seen nothing from its results or those from its sector peers to dissuade me from this'. The short view would be this remains fully on track and my core view on the shares remains positive. Today's edging up of the shares (as I write) deeper into the 230s pence zone reflects this and tells me still to be long of the stock...

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